Borrowers can leave their home to their heirs. A reverse mortgage is a non-recourse loan. This means that the lender can only seek repayment through the sale of the property. The lender cannot look to the estate for repayment. The heirs have the option to pay off the balance of the reverse mortgage (principal plus accumulated interest and MIP) potentially through obtaining a new conventional mortgage and keep the home, or sell the home and use a portion of the proceeds to pay off the reverse mortgage, and then keep any remaining balance.